Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Through what could be one of the worst recessions in years, where cash will be king. This company is just throwing money away with nonsense buy backs and more smoke screen acquisitions.
Feel sorry for all the people who are down money on this buying in on the recommendation of the grifters on the other board. They have no shame and are still rubbish about a buyout. Only last week they were saying that they would be annoyed at an £8 purchase. Deluded is the only word. Some of us warned you.
Well glad I don't pay £3,500 for betaville after the last few days. Did some institution just dump on a bunch of retail buying into that? As always read the Financial statements and data yourself without relying "news" sources.
Well I can't see it so I asked where it is. Anyway hope this comes through at a good price. I have no more patience with this stock now.
Post link on takeover rumours...
A nice surprise to be flat today, I'll take it all things considered...
Snap has just killed any chance of snap back rally... painful
We're the options given purely for completing the nasdaq listing?
Wasn't there also a another few million spent on costs for the listing...what a waste of money...
Only recently all the numpties on the advn board were saying they would be disappointed with a £10 takeover. Funs over and the gains of the last two years will never be possible again...
Wild moves in the wider market with some huge swings now, lots of selling into the close in the US and the bleeding continues.
The only thing that matters is results and the wider market. The nonsense on here about the buybacks and now tosca is pure conspiracy theory rubbish. Google and Microsoft earnings show us ad tech growth is weak. The covid stimulus boom is fading hard.
Damn not one for technical analysis but that magnite chart looks like it about to break through the 52 week low. The mid march pump to April dump in all stocks.
As expected the pullback, and seems like director selling but hard to read on mobile. Anyway back to bouncing around for the next six months...
So is this going to drop when the nasdaq opens... feels like we have sustained upward movement now. One of the few ad techs with a good bounce lately.... it seems to have left magnite behind.
Taking about a high to a low over a few days, great to look at the gains on Wednesday thinking it move further up. Now right back down and I don't want to look at pf again lol. In fairness to trmr it isn't the worst stock over the lost while. European indexes in particular look terrible now
So many names now with all the pandemic gains wiped out now, they have done the full circle. It seemed so obvious in hindsight with the pandemic and the hangover that would follow when all the stimulus run its course. What happens next will be fun to watch. Inflation, deflation ww3?...
Crazy moves for a company that size, back to may 2020 levels all covid gains gone. The only big tech anyone should own now it seems is apple, Microsoft and Google. The gatekeepers of the Internet with huge moats. They have no competition and are still growing like growth stocks. I always thought someone will come in and eat all theother companies lunch - netflix, snap facebook etc.. Who knows could still open green tomorrow. Lot of volatility.
Someone tell me how my previous post shows I "have pigeons in the loft". ???
My posts are no different than all the other crystal ball gazing on here.
In particular - in my previous post I am talking about the wider market, and what is playing out. If you haven't noticed Tremor is quite correlated to growth/tech stocks that are getting destroyed and it seems until when/if we see a reversal there Tremor will go no where. So what I asked is why has this happened - is it the possibility of interest rates rising, end of covid etc...
This seems to be a bit more than your general pullback more so a repricing.
Amazing - every rally gets sold... this is definitely much more than just the possibility of the fed raising rates now. Heck the stock market will have collapsed before we even see 25bps. As I see it now I think this is mostly about the realisation that the new economy/stay at home stocks/ consumer behaviour here to stay etc etc. is not here to stay lol. You can see that with Amazon taking the brunt of the drop, even looking at netflix etc. Also look at TTD getting hammered. This could still be flop and I do actually think we will bounce but seems like a lot of people have been caught of guard with reopening.
Nasdaq closed 3.5% of todays highs and ARKK down over 6% of highs.Netflix down 16% after hours on earnings. Lots of pandemic stocks still coming back to earth and may be more to come. Feels very ominous.